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FTSE 100 up 0.38 pct on Tuesday

Xinhua, May 20, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Tuesday increased by 0.38 percent, or 26.23 points, to 6,995.10 points.

The London stock response positively to the British inflation data.

Britain's Consumer Prices Index (CPI) fell by 0.1 percent in the year to April 2015, it is the first time that CPI has fallen over the year since official records began in 1996 and the first time since 1960 based on comparable historic estimates, data showed on Tuesday.

Policymakers took the first fall in inflation since the 1960s as "good" deflation that would benefit consumers.

Coca-Cola HBC AG led the top losers of the blue chips with a share price drop of 4.30 percent, followed by Land Securities Group (3.97 percent), Intu Properties (3.12 percent), Hikma Pharmaceuticals (2.75 percent) and Old Mutual (2.74 percent).

BHP Billiton's share price increased by 3.93 percent, topped the gainers of the blue chips. Fresnillo, Vodafone Group, Rio Tinto and Glencore increased by 3.53 percent, 3.20 percent, 2.67 percent and 2.47 percent respectively.

The index has gained 8.46 percent so far this year when measured in U.S. dollar. Endit